Mining, Oil&Gas

Taifa Gas acquires stake in Orca Energy’s Tanzanian operations

Taifa Gas is owned by the prominent Tanzanian businessman Rostam Aziz

Dar es Salaam. Taifa Gas Tanzania Limited has entered into a definitive agreement to acquire a significant portion of Orca Energy Group Inc’s business in Tanzania.

This transaction marks a major shift in the domestic energy landscape.

Taifa Gas is owned by the prominent Tanzanian businessman Rostam Aziz.

The deal involves the sale of 100 percent of Orca’s Tanzanian operations to a consortium of investors.

According to a statement released on April 13, 2026, the acquisition will be split between two main entities.

Taifa Gas will secure a 49 percent stake in PAE PanAfrican Energy Corporation (PAEM) that was holding Orca’s Tanzanian operations.

The remaining 51 percent of the shares will be acquired by Amber Energy Investment L.L.C-FZ.

This strategic move effectively transfers the management of one of the country’s most vital energy assets into new hands.

The primary asset included in this agreement is the Songo Songo gas project.

This project is a critical pillar of Tanzania’s energy infrastructure.

It provides the natural gas necessary for large-scale electricity generation.

The project also supplies energy to numerous industrial facilities across the nation.

Control of the Songo Songo field has historically been a cornerstone of the country’s efforts toward energy self-sufficiency.

Orca Energy has operated in Tanzania for over two decades through its subsidiary, PanAfrican Energy Tanzania (PAET).

The company has been instrumental in developing the Songo Songo field located offshore near Kilwa.

The infrastructure includes a complex network of offshore and onshore pipelines.

These pipelines transport gas to Dar es Salaam for processing and distribution.

This transition of ownership is expected to bring a new phase of investment to the field.

Industry analysts view this acquisition as a historic moment for Tanzanian participation in the oil and gas sector.

It reflects an increasing trend of local firms taking a lead role in high-value energy projects.

Rostam Aziz has previously expanded Taifa Gas into regional markets including Kenya and Zambia.

This latest acquisition further consolidates his position as a leading figure in the African energy industry.

The completion of the deal remains subject to standard regulatory approvals.

These include clearances from the Tanzania Petroleum Development Corporation (TPDC) and other relevant authorities.

All parties involved have expressed commitment to maintaining the operational integrity of the Songo Songo project.

The smooth handover of these assets is seen as essential for the continued stability of the national power grid.

This development comes at a time when Tanzania is aggressively promoting its natural gas reserves.

The government has been seeking partners to help modernise its energy sector and reduce reliance on imported fuels.

The involvement of Taifa Gas and Amber Energy is anticipated to align with these national strategic goals.

Further details regarding the financial terms of the transaction have not yet been disclosed to the public.

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